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Showing 1211 - 1220 of 4056 results for "LIT"

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... those looking to tap into new asset markets, particularly offshore. Between January 2018 and June 2018, the value of LIC and LIT trades executed by SMSFs rose from 23% to 26%. WAM Capital, Argo Investments, Magellan Global Trust and MCP Master Income ...

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
In the lead up to an appearance at the Royal Commission, an ASX-listed life insurer has announced it is undertaking a strategic review. Freedom Insurance Group said the decision to assess its options was spurred by the release of ASIC's review into ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
APRA will dig its heels into a list of concerns magnified in the Royal Commission into superannuation that mainly involve IOOF, CBA and Suncorp. In response to the preliminary findings concluding the fifth round, APRA said the Commission unearthed new ...

Integrity Life expands senior team

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
Integrity Life continues its expansion trajectory with the appointment of two senior roles and a non-executive director. Integrity announced Mark McCrea is the new operations manager and Jacqueline Little takes on the head of product role. Joining from ...

ACDC to power new battery ETF

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
A new ETF from ETF Securities will provide investors with exposure to companies directly involved in battery technologies and lithium. The Battery Technology and Lithium ETF is the latest addition to ETF Securities' Future Present range. It tracks the ...

Robo-advice not dead: GlobalData

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
Despite the recent closure of UBS' robo-advice offering in the United Kingdom, robo-advice is here to stay. According to GlobalData wealth management analyst Sergel Woldemichael, the high-profile shuttering of the giant's UK robo platform means little ...

Fintech introduces STP product

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
A fintech has met the Australian Taxation Office single touch payroll requirements and launched its latest product. ClickSuper STP is a product enabling employers to meet single touch payroll obligations by processing their STP data files via the ClickSuper ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
A comprehensive ASIC review of direct life insurance found sales practices and products that offer little to no value are leading to poor consumer outcomes. The practises of 11 life insurance providers selling direct-to-customers were examined and included ...

Kapstream renews industry fund relationship

DARREN SNYDER  |  THURSDAY, 30 AUG 2018
An $8.5 billion industry superannuation fund has committed more than $200 million to Kapstream Capital's new absolute return income strategy. Marking the latest in a series of mandates awarded this year, the Australian Catholic Superannuation and ...